Abstract
Blockchain technology is a decentralized, distributed digital ledger system that securely, openly, and impenetrably logs transactions across a number of computers or nodes. The word "blockchain"comes from how the system organizes data: transactions are organized into blocks, and each block is connected to the one before it to create a chain of blocks. Some of the importance of blockchain technology are Decentralisation and Trust, Transparency and Accountability, Efficiency and Automation etc…. The impact of block chain technology are Energy and utilities Healthcare, Real state etc…. We can conclude that, Blockchain technology has established itself as a game changing invention with the potential to transform a variety of industries.
Keywords: recording information - triple entry book keeping – secure
References
- We can conclude that, Blockchain technology has established itself as a game-changing invention with the potential to transform a variety of industries.
- The decentralized and immutable nature of data management and transactions improves the security, and efficiency of data administration and transactions.
- Despite challenges and scalability issues, further development and acceptance will most likely pave the way for a more inclusive and decentralized digital future.